Docklands Solicitor
Latest legal news from Docklands Solicitors, Kaslers Solicitors LLP.
Tuesday, 26 May 2009
Negotiating Power on Leases
Good quality tenants are hard to find.
If you are one and you are looking to take on a new lease you should, once you have persuaded the landlord of your substance/standing consider asking for the following:
· Rent-free period
· Contribution to fit out cost
· Flexible and unconditional break options allowing early termination
· Maximum flexibility to assign
· Maximum flexibility to underlet at any rent
· Rent payments in arrears rather than in advance
· Any advance rent payments to be monthly rather than quarterly
Call Simon Scott on 0797 991 661 to discuss further.
If you are one and you are looking to take on a new lease you should, once you have persuaded the landlord of your substance/standing consider asking for the following:
· Rent-free period
· Contribution to fit out cost
· Flexible and unconditional break options allowing early termination
· Maximum flexibility to assign
· Maximum flexibility to underlet at any rent
· Rent payments in arrears rather than in advance
· Any advance rent payments to be monthly rather than quarterly
Call Simon Scott on 0797 991 661 to discuss further.
Labels: break options, flexible terms, landlord, rent free, tenant
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